HomeMy WebLinkAboutNB 3 MID-YR BUDGET RVW 02-01-82DATE:
Jan. 28, 1982
NEW BUSINESS
No. 3
2-1-82
! nter - ¢ om
TO:
FROM:
SUBJECT:
HONORABLE MAYOR AND CITY COUNCIL
BILL HUSTON, CITY MANAGER
1981-1982 Mid-Year Budget Review
RECOMMENDATION:.
That following the City Council's consideration of the mid-year budget
review, it direct staff to prepare a plan to be submitted to the Council
along with the draft 1982-83 budget which identifies potential additional
sources of General Fund and Water Fund revenue and alternatives for
financing capital improvement projects.
BACKGROUND:
The 1981-82 mi d-year budget has been prepared for the purpose of projecting
the City's financial status as of the end of the current fiscal year. It
also is a benchmark upon which to base management and policy decisions when
any financial-budgetary matters are considered during the balance of the
fiscal year. Another important aspect of the mid-year review is the
parameters established for 1982-83 budgeting given the conclusions which
can be drawn from the City's projected 1981-82 financial condition.
Using data for the first six months of the fiscal year, staff has projected
1981-82 revenue, expenses and balances for all funds. While deviations
will occur, it is expected that total revenue and revenues when reviewed
again prior to the end of the fiscal year, will be approximately those
amounts contained in this report.
SUMMARY:
With the exception of the water fund, the major operating~reserve aha
capital funds will be balanced at the end of the current fiscal year.
Based upon the data contained in the 1981-82 mid-year budget review and
under certain assumptions, the City should be able to continue present
levels of service into 1982-83. It appears, however, that the level of
capital improvements will be curtailed in 1982-83 due to the decline in
resources which ordinarily would be available for financing capital
improvements. A plan will be prepared in the coming months which addresses
the alternatives for generating resources for capital improvements and, if
necessary, for operations.
In addition to a plan for financing capital improvements, staff feels
potential sources of additional General Fund revenue should be identifiea
in the event State subventions are substantially reduced and/or major
revenue such as sales tax is adversely impacted by economic conditions.
DISCUSSION:
The mid-year budget review consists of the following which are attached:
1. Projected June 30, 1982 balances for:
ae
governmental funds.
enterprise funds.
independent agency funds.
internal service funds.
w
Revenue projections for all funds.
Projected personnel, operating and capital outlay expenses by fund and
division/department.
4. Capital improvements summary and projections by project.
Before addressing the implications of the data contained in the above, it
is important to briefly describe the purposes of the City's various funds.
It is important because each fund has sources of revenue and expenses which
are constrained by policy and legal requirements and the need to operate
the City in a financially purdent fashion.
A. Governmental Funds - include those funds which are for a general or
specific governmental purpose. The general fund, for example, can be
used for any purpose deemed approriate by the City Council. The Gas
Tax Fund is legally restricted to the governmental purpose of
construction and maintaining streets and roads. The Park Bond and
Civic Center Bond funds are funded through tax rates the proceeds of
which can only be used to retire park and civic center bonds.
Other funds such as Traffic Safety and Beautification, while
established as separate funds, could be eliminated and their source of
revenue placed directly into the General Fund. The implications of
this approach will be discussed in the draft 1982-83 budget.
BJ
Enterprise Funds - include funds for operations which are intended to
be financed through a user fee, i.e., the beneficiary of the service
pays the cost of providing it'. The Water Fund is the City's only
enterprise fund. As such, it is funded through a water rate structure
and other sources of revenue related to providing water service.
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Independent Agency Funds - include funds for operations which by State
statutes are separate entities, i.e., are not directly controlled by
the City Council. The Community Redevelopment Agency is the City's
only independent agency fund. Its primary source of income is tax
increment revenue derived through a formula set forth in State
statutes. Redevelopment Agency expenses are also subject to State
statutes.
L
Internal Service Funds - include funds for accrued liabilities and
fixed obligations. For example, each time the City replaces
equipment, a future expense (or fixed obligation) is created since the
equipment will be replaced after its useful or depreciated life.
The City is self-insured for general liability and worker's
compensation and must maintain reserves to cover contingencies and
accrued liabilities. For example, when a claim against the City is
filed an amount must be reserved to cover any potential loss.
Internal service funds must continually be analyzed to,ensure they are
neither over or under funded. It would not be financially prudent to
utilize internal service fund balances for governmental, enterprise or
independent agency expenses when internal service balances are at or
below the amount required to fund accrued liabilities and fixed
obligations.
The following, sections include general comments regarding projected
revenue, expenses and fund balances.
REVENUE:
Sales tax and property tax account for 70% of ~otal General Fund
revenue. Projected sales tax revenue for 1981-82 is approximately
$42,000 higher than the budgeted amount. Staff will be analyzing
sales tax revenue to determine how much of the increase is.due to
inflation vs. real growth.
Projected property tax revenue is $168,000 higher than the budgeted
amount due to a revised estimate from the County Controller.
In the General Fund, projected building permits are $70,000, motor
vehicle in-lieu $285,000, cigarette taxes $34,000 and recreation fees
$54,000 less than the budgeted amounts.
Building permits are down due to building activity being less than
projected when the budget was prepared last spring. Motor vehicle
in-lieu, which is a State subvention, is substantially less than
originally projected because the State Legislature reduced the per
capita amount of this subvention as part of the 1981-82 State bail out
program enacted after the City's budget was prepared.
Cigarette tax, which is a State subvention, is down based upon revised
estimates from the State Controller.
Recreation fees are down due to fewer sign-ups than originally
projected (there is a corresponding decrease in recreation program
expenses.)
Traffic Safety Fund revenue is $91,000 higher than originally
projected due to increased traffic enforcement.
Revenue Sharing revenue is $110,000 higher than orig.inally projected
due to the extension of the revenue sharing program which had been
scheduled to terminate in 1981,
Gas Tax revenue is less than originally projected due to projects
funded principally by Federal Aid Urban (FAU) monies not being
completed in 1981-82. Since FAU funds are granted on a reimbursement
basis, the revenue will be received in 1982-83 as the projects are
completed.
Redevelopment Agency tax increment revenue is $159,585 higher than
originally projected due to increased assessed valuation in the Town
Center Project area as a result of new construction.
8. Water Fund revenue is $36,047 less than originally projected due to
water sales being less than anticipated.
EXPENSES:
1. Projected General Fund.expenses are $385,256 less than the budgeted
amount due primarily to:
ae
Salary savings attributable to vacancies in authorized
permanent positions.
The civic center and park bond debt service payments for
1981-82 ($189,000) being charged directly to the civic center
and park bond funds in-lieu of the non-departmental-portion of
the General Fund budget. Since there are separate funds for
the civic center and park bonds, bond payments should be
charged directly to these funds. Prior to 1981-82, payments
where made from the General Fund with offsetting transfers from
the civic center and park bond funds. That approach skews
total General Fund expenditures.
2. In the General Fund, there are some operating expenses which are
projected to exceed the budgeted amount. These include:
Approximately $19,000 in the Finance Department due to the
hiring of temporary employees during the disability of a
permanent employee and under-budgeting the amount required for
computer software and hardware maintenance.
Approximately $7,000 in the Building Division due to the hiring.
of contract building inspectors and plan checkers during
employee vacancies. This amount is offset by salary savings.
Approximately $17,000 in the Building Facilities Division due
to utility costs being higher than budgeted.
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Approximately $7,000 in the Human Services Division of
Community Services due to greater participation in Senior
Citizen programs. The increased expense is offer by increased
revenue.
e
In the General Fund, there are some operatJng expenses which are
projected to be less than the budgeted amount. These include:
The Administration, Community Development and Public Works
Departments include Redevelopment Agency and water
reimbursements which represent the amount of General Fund staff
support allocated for these functions. General Fund personnel
costs are reduced by the projected amount of staff support and
charged against the Redevelopment and Water Funds.
The projected amount of General Fund staff support for
Redevelopment and water activities is less than the budgeted
amount. Prior to the end of the fiscal year, an analysis will
be made of required staff support to ensure that charges
against the redevelopment and water funds are recorded in
direct proportion to actual staff support provided through the
General Fund.
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Approximately $9,000 in the Planning Division due to not
utilizing consultants for special projects as had been
ancitipated.
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Approximately $39,000 in the Engineering Division due to
utility costs being less than had been anticipated and a
reduction in traffic signal maintenance costs.
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Approximately $16,000 in the Youth Services Division due to
fewer sign-ups for recreation programs.
As indicated above, non-departmental division expenses are
approximately $189,000 less than budgeted due to a change in
the method of allocating civic center and park bond debt
service.
In the General Fund, Police Department-Operations capital outlay
expenditures are approximately $13,000 less than the budgeted amount
due to acquisition of the equipment in the 1980-81 fiscal year.
In the Water Fund, total projected expenses are $32,932 less than the
budgeted amount. Personnel costs are less than the budgeted amount
due to personnel vacancies. Operating expenses are approximately
$26,000 higher than the budgeted amount due to some accounts in water
billing being under-budgeted and installation of more water services
(approximately $20,000) than originally projected. The cost of
installing water service is offset by a fee which is recorded as water
fund revenue.
Projected 1981-82 capital improvement expenses are $3,975,521 which is
$2,105,132 less than the budgeted amount of $6,080,653. The primary
reson for the variance is due to the following projects not being
completed until fiscal year 1982-83:
Moult on Parkway realignment
Irvine Blvd., undergrounding and resurfacing
F1 £amino RPal inlprovement~
The capital improvement projection by project portion of the attachments
includes all 1981-82 budgeted projects by fund and amount. Also indicated
is the anticipated status of each project at the end of the current fiscal
year. The City Council will continue to receive periodic capital
improvement status reports.
FUND BALANCES:
The attachments include projected balances for all funds (governmental,
independent agencies, enterprise, and internal service). The purposes for
which fund balances can be utilized are governed by the policy-legal
limitations discussed above. Notwithstanding the purpose of a particular
fund, each fund balance consists of one or more of the following elements:
Unrestricted Balance - funds used for cash flow, interest earnings and
available for appropriation to cover unanticipated expenses.
Unrestricted balances are necessary to cover the variances between
monthly revenue and expenses. Operating expenses are generally
fixed. Revenue varies depending upon the source, e.g., most property
tax revenue is received twice a year. Unrestricted balances are also
invested and the earned interest designated as a revenue source in the
General Fund. Unanticipated expenses do occur, e.g., the need to
appropriate monies to improve police radio communications in the west
part of Tustin.
Restricted Balance - funds earmarked for a specific purpose. The Gas
Tax fund balance is restricted for future street improvement projects
and cannot be used for any other purpose. Civic center and park bond
fund balances are restricted for the sole purpose ~f retiring debt
created by the issuance of bonds.
Fixed Obligations Balance - funds earmarked for internal service
funds. These funds are reserved for accrued liabilities and fixed
obligatins incurred in the course of conducting municipal operations.
As long as operations continue, the City will incur present and future
costs for insurance, benefits and equipment replacement.
If the total balances for all funds is viewed without taking into account
the purpose for which a balance is maintained, the City's financial
condition is distorted. Budget decisions must take into account the City's
financial posture given the condition of its various fund balances and any
trends affecting them.
The following summarizes the projected status of fund balances as of June
30, 1982:
The General Fund balance is projected to be $1,253,504 (this amount
does not include the $1,125,000 loan to the Redevelopment Agency).
that amount, approximately $571,000 is restricted (by City Council
policy) for Columbus-Tustin Park. The remainder, $682,504, is an
unrestricted reserve which will be available for 1982-83.
Of
L
The Revenue Sharing Fund balance of $235,846 is an unrestricted
reserve available for future expenses in accordance with City Council
policy direction. Historically, revenue sharing has been allocated
for capital improvements.
The Gas Tax balance of $738,551 is restricted for lg81-82 projects to
be completed in 1982-83 and new projects authorized in 1982-83.
The negative balances in the Park Development and Sewer Trust funds
merely reflect a negative cash flow and will be eliminated as future
revenue is received.
The Beautification Fund balance of $91,633 consists of documentary
transfer tax revenue received in prior years. By City Council policy,
these funds have been restricted for beautification projects.
However, as indicated above, staff will submit a recommendation in
connection with the draft 1982-83 budget concerning the future use of
these funds.
Park Bond and Civic Center Bond funds are restricted for future bond
payments. The fund balance in each of these funds will be declining
to approximate the highest amount to be paid in any one year during
the remainder of the debt service period.
7. The Redevelopment Agency fund balance of $554,680, together with a
portion of 1982-83 tax increment revenue will be allocated for
completion of the E1Camino Real project authorized in 1981-82.
8. The negative balance of $174,994 in the Water Fund is caused by
projected revenues being less than budgeted and capital improvement
expenses exceeding the budgeted amount.
The projected balances for the Equipment Replacement, Health Benefits,
and Risk Management Funds are earmarked for fixed obligations and
accrued liabilities. The adequacy of these balances will be reviewed
further inconnection with the 1982-83 budget.
ANALYSIS:
The mid-year bUdget review indicates trends which need to be analyzed and
addressed from a financial management and policy standpoint during
preparation and review of the 1982-83 budget. The trends are:
The projected unrestricted General Fund balance of $682,504
($1,253,504 less $571,000 for Columbus-Tustin Park) is the amount
which combined with projected revenue in 1982-83, will be required to
fund 1982-83 increased personnel and operating costs and also yield a
1982-83 balance sufficient to meet General Fund cash flow and
unanticipated needs.
Since major General Fund revenue sources (sales tax, interest earnings
and state subventions) are very elastic, an adequate fund balance must
be maihtained to remain financially sound. Unfortunately, there are
trends which could have a substantial impact on the capability of the
L
General Fund to sustain a reasonable fund balance: uneconomic
uncertainty; inflation and Governor Brown's announced intent to
further reduce State subventions to local government in 1982-83.
'e
Historically, some General Fund revenue has been allocated for capital
improvements to supplement gas tax, revenue sharing and tax increment
monies. It does not appear, based upon the projected June 30, 1982
balance, that General Fund monies will be available for capital
improvements next fiscal year, if current levels of service are to be
sustained in 1982-83.
0
Beginning in 1982-83, the City should begin to earmark gas tax monies
for its matching share of the cost of the Myford Road project. This
will affect the timing of other projects financed with gas tax monies.
Based upon the projected 1981-82 Redevelopment Agency fund balance,
projected tax increment for 1982-83, and the cost of 1981-82 projects
to be re-budgeted in 1982-83, these will be approximately $350,000 in
tax increment revenue available in 1982-83 for additional Agency
funded projects. This points out the need to develop a long term
financing plan for the .Redevelopment Agency. A plan will be submitted
to the Agency and City Council in 60-90 days.
The deficit in the Water Fund is indicative of'the need to develop an
equitable and stable rate structure and the means for completing
needed capital improvements. There are alternatives for eliminating
the deficit and at the same time undertaking a viable capital
improvements program. A plan will be submitted to the City Council
in connection with preliminary 1982-83 budget.
MID-YEAR 1981-82 REVIEW
PROJECTED FUND BALANCE ANALYSIS
GOVERb~4ENTAL FUNDS
AUDITED
BALANCE ESTIMATED ESTIMATED TRANSFERS
FUND 7-1-81 REVENUES EXPENDITURES IN/(OUT)
PROJECTED
BALANCE
6-30-82
General $1,206,105 $7,417,811 $7,787,412 $417,000 $1,253,504
Traffic Safety - 241,000 - <241,000>1 -
Revenue Sharing 374,058 277,000 415,212 - 235,846
Gas Tax 338,921 1,168,430 622,800 <146,000>2 738,551
Park Development 138,035 7,700 161,100 - <15,365>
Sewer Trust <26,245> 3,000 - - <23,245>
Beautification 91,633 30,000 - <30,000>3 91,633
Park Bond 266,584 86,500 118,000 235,084
Civic Center Bond 140,800 63,500 71,000 133,300
TOTAL GOVER~ENTAL
FUNDS $2,529,891 $9,294,941 $9,175,524 $2,649,308
1Transfer of Traffic Funds to support operations of the General Fund.
2Transfer of Gas Tax Section 2107 and 2107.5 for street maintenance purposes.
3Transfer to fund capital improvements in the General Fund.
MID-YEAR 1981-82 REVIEW
PROJECTED FUND BALANCE ANALYSIS
INDEPENDENT AGENCIES
TUSTIN COblMUNITY REDEVELOPMENT AGENCY
AUDITED
BALANCE
7-1-81
$1,669,260
ESTIMATED ESTIMATED
REVENUES EXPENDITURES
$1,152,273
$2,266,853
PROJECTED
BALANCE
6-30-82
$554,680
ENTERPRISE FUNDS
CITY OF TUSTIN WATER SYST~
AUDITED
BALANCE
7-1-81
$ 96,981
ESTIMATED ESTIMATED
REVENUES EXPENDITURES
$3,160,509
$3,432,484
PROJECTED
BALANCE
6-30-82
$<174,994>
MID-YEAR 1981-82 REVIEW
PROJECTED FUND BALANCE ANALYSIS
INTERNAL SERVICE FUNDS
FUND
AUDITED
BALANCE ESTIMATED
7-1-81 REVENUES
ESTIMATED
EXPENDITURES
PROJECTED
BALANCE
6-30-82
Equipment Replacement $ 129,129
Health Benefits 162,652
Risk Management 156,250
Capital Improvements 25,118
310,000 $ 225,000
290,000 215,000
400,000 220,000
214,129
237,652
336,250
25,118
TOTALS $ 473,149
$1,000,000 $ 660,000 $ 813,149
.RAND TOTAL $4,769,281 $14,607,723 $15,534,861 $3,842,143
REVENUE PROJECTIONS
1981-82
FUND
1981-82
Budget
6-30-82
Projection
Variance
Over/(Under)
General
Traffic Safety
Revenue Sharing
Gas Tax
Park Development
Capital Outlay
Sewer Trust
Beautification
Park Bonds
Civic Center Bonds
Redevelopment Agency
Water
TOTAL ALL FUNDS
$ 7,601,920
150,000
167,000
1,550,848
3,000
60,000
154,600
58,968
992,688
3,196,556
$ 13,935,580
$7,417,811
241,000
277,000
1,168,430
7,700
3,000
30,000
86,500
63,500
1,152,273
3,160,509
$13,607,723
$<184,109>
91,000
110,000
<382,418>
7,700
<30,000>
<68,100>
4,532
159,585
<36,047>
$<327,857>
o
c~
1981-82 MID-YEAR BUDGET REVIEW
CAPITAL IMPROVEMENTS
SUMMARY
1981-82 6-30-82 VARIANCE
FUND BUDGET PROJECTION <OVER>/UND£R
General $ 291,980 $ 251,056
Revenue Sharing 434,400 415,212
Gas Tax 1,945,500 622,800
Park Development 161,100 161,100
Beautification - -
Redevelopment Agency 2,930,873 2,157,853
Water 316,800 367,500
$ 40,924
19,188
1,322,700
773,020
<50,700>
TOTAL $6,080,653 $3,975,521 $2,105,132
GOVER~4ENTAL FUNDS:
10.
30.
'15.
*23.
*25.
**26.
40.
CAPITAL IMPROVEMENT PROJECTIONS
BY PROJECT
Public Facilities
1. Misc. Bldg.
City Hall/Recreation Dept.
Police Department
2. Clifton C. Miller Com. Center
Install vertical blinds &
tint windows
Sub total
Beautification Projects
7. General Street Light Program
B. Easterly side of Red Hill
Ave., Valencia to north
boundary of M.C.A.S.
E. Andrews St. street light
Newport Ave. center islands
McFadden to Irvine
Irvine Blvd. underground
E1Camino Real conversion
Irvine Blvd. median
Sub total
Parks & Recreation Facilities
4. Master Plan of parks and
recreation facilities
6. Columbus Tustin Park
improvements
7. Pepper Tree Park improve-
ments
1981-82 6-30-82 6-30-82
Fund Budget Projected Status
GF $ 15,000
GF 20,000
$ 38,000
5,000
GF 7,000 6,100
$ 42,000 49,10~
GF $ 11,000
1,480
$8,350
650
RS 7,200 1,167
GF 39,000 5,000
GF 60,000 60,000
GF 15,500 15,500
134,180 90,667
PD $ 50,000 $ 50,000
PD 32,000 32,000
PD 12,900 12,900
Comp
Comp
Comp
Comp
Comp
Comp.
Comp
Comp
GOVERbl4ENTAL FUNDS:(continued)
Fund
40. Parks & Recreation Facilities (cont's)
60.
8. Centennial Park improvements PD
9. Frontier Park improvements PD
10. Magnolia Tree Park improve-
ments GF
Pine Tree Park improvements PD
Centennial Park sidewalks GF
Columbus Tustin parking lot PD
Sub total
Transportation Facilities
11.
'16.
*40.
1. Major Maint. program
2. Bus benches, OCTD routes
6. Moulton Parkway realign
7. Newport Ave. extension
10.
15.
16.
Warner Ave. railroad cross-
ing - protect devices
Irvine Blvd. widening,
east of Ranchwood
Red Hill Ave., Lance Dr.
to Irvine Blvd.
17. Irvine Blvd., Prospect Ave.
to Newport Ave.
19. Nelson School 'off-street
bike trail
RS
GF
GT
FAU
GF
GT
GT
GT
GT
AHFP
GT
FAU
PS
1981-82
Budget
$ 19,000
11,500
8,000
5,000
36,600
30,700
$205,700
$241,000
6,500
67,000
414,000
3,400
54,500
8,100
159,800
107,800
73,800
54,900
337,100
8,000
6-30-82
Projecteu
$ 19,000
11,500
8,000
5,000
40,121
30,700
$209,221
$228,275
67,000
159,800
75,000
75,000
54,900
6,300
6-30-82
Status
Comp
Comp
Comp
Comp
Comp
Comp
Comp
Cancel
Unk.
Comp
Comp
5% Comp
Comp
GOVER~4ENTAL FUNDS:(continued)
60. Transportation Facilities (cont'd)
20. Irvine Blvd. median modi-
fication
*22. Bryan & Browning intersection
widening
*90. MCAS sidewalk
Sub total
65. Traffic Controls
8. Irvine Blvd., Yorba to
Red Hill Ave. interconnect
70.
ge
*34.
*42.
*43.
*44.
Irvine Blvd. at "B" St.
Newport Ave. signal inter-
connect
17th St. at Yorba, signal
Walnut at Franklin, signal
Walnut at Browning, signal
Sub total
Flood control Facilities
3. Irvine Blvd. drain FO7 channel
to Holt
4. Santa Fe, Industrial Way
at Red Hill Avenue
McFadden storm drain
Main St. storm drain at
Williams Street
Sub total
TOTAL GOVERh~4ENTAL FUNDS
*20.
*26.
Fund
GF
GF
GF
GT
FAU
GT
GT
GT
GT
GT
GF
GF
RS
RS
1981-82
Budget
15,500
35,000
4,000
$1,590,400
33,60O
412,900
55,000
137,500
20,500
4,300
4,700
$668,500
8,000
6,000
162,970
15,230
$192,200
$2,832,980
6-30-82
Projected
15,500
35,000
5,835
$722,610
33,600
5,500
137,500
5,500
4,300
4,700
$191,100
8,000
0
162,970
16,500
$187,470
$1,450,168
6-30-82
Status
Comp
Comp
Comp
5% Comp
lO%Comp
Comp
Comp
Comp
Comp
Comp
Cancel
Comp
Comp
Comp
REDEVELOPMENT AGENCY:
30.
40.
60.
Fund
BEAUTIFICATION PROJECTS
E1 Camino Real Identification RDA
Irvine Blvd. & Yorba St. utility
underground & street lighting RDA
E1 Camino Real landscaping and
furniture RDA
"C" Street plaza RDA
*Newport Ave. center islands RDA
*El Camino Real underground RDA
*Bryan & Main triangle landscape RDA
Sub total
Parks & Recreation
Columbus Tustin Park (first phase) RDA
Columbus tustin recreation
facility RDA
Sub total
Transportation Facilities
E1 Camino Real Parking facilities RDA
Alley easterly of E1 Camino Real
between Main & ~ird Sts. RDA
E1 camino Real/E1 Camino Way,
road construction RDA
Alley reconstruction, south of
First St., from Centennial to west
of Preble RDA
Alley reconstruction, west of E1
Camino Real, ~ird to E1 Camino Real RDA
1981-82
Budget
$10,000
140,000
40,000
50,000
43,949
207,000
40,549
$531,498
$50,000
100,000
$150,000
$250,000
15,000
1,300,000
72,000
15,000
6-30-82
Projected
360,000
50,000
7,200
207,000
40,550
$664,75O
$15,000
65,000
$80,000
$600,000
15,900
150,000
76,400
15,900
6-30-82
Status
Bid Adv
Comp
Bid Adv
Comp
Comp
Comp
Comp
Comp
50% Com
Comp
Comp
5% Com
Comp
Comp
REDEVELOPMENT AGENCY: (continued)
Fund
60. Transportation Facilities (cont'd)
Alley reconstruction, west of E1
Camino Real, north of Second St. RDA
Newport Ave. bike trail, Main to
Irvine Blvd. RDA
Sub total
65. Traffic Control Facilities
Irvine Blvd., Yorba to Red Hill
interconnect RDA
**El Camino Real signal RDA
Sub total
70. Flood Control Facilities
IrvineBlvd. drain, FO7 channel
to Holt Avenue RDA
Irvine Blvd., drain, Holt to
Columbus-Tustin School RDA
*Main St. drain, E1 Camino Real
to "B" Street RDA
*Main St. drain, Centennial way
to Prospect RDA
*Sixth St. drain, E1Camino Real
to "B" Street RDA
Sub total
TOTAL RDA
WATER FUND:
90. Water Supply & Distribution
Dodge Ave., east of Hewes,
replace main and hydrants WF
1981-82
Budget
15,000
22,000
$1,689,000
33,600
51,775
$85,375
47,000
153,000
97,000
86,000
92,000
$475,000
$2,930,873
24,000
6-30-82
Projected
15,900
16,000
$890,100
33,600
51,775
$85,375
47,000
106,166
1~2,406
93,873
88,183
$437,628
$2,157,853
35,000
6-30-82
Status
Comp
Comp
5% com
Comp
Comp
Com
Comp
WATER FUND: (continued)
90. Water Supply & Distribution (cont'd)
Bubbling Well Road & Singing
Wood Dr., La Colina to Rainbow,
replace mains and hydrants
Fairhaven Ave., Costa Mesa Frwy. to
Hewes Ave., reline 10" steel main
Fund
WF
WF
Mitchell Ave., east of Newport,
connect 4" - 6" main lines to 16"
trans, line
Red Hill Ave., at Walnut well site,
connect well
Land acquisition to replace well
No. I
Red Hill Ave., replace main line
Lance Dr. to Irvine Blvd.
Engineering study and analysis of
water system (includes appraisal)
**Red Hill main
Total Water Fund
GRAND TOTAL CAPITAL IMPROVEMENTS
WF
WF
WF
WF
WF
WF
1981-82
Budget..
25,400
76,400
18,000
30,000
35,000
40,000
45,000
23,000
$316,800
$6,080,653
6-30-82
Projected
38,000
118,000
18,000
30,000
60,500
45,O00
23,000
$367,500
$3,975,521
6-3O-82
Status
Comp
Depend
on cash
flow
Com
Comp
Unk.
Comp
50% com
'80-81 Carry over projects
**Supplemental appropriation